{"id":363120,"date":"2021-11-06T00:25:00","date_gmt":"2021-11-05T21:25:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/enegra-migrates-digitized-equity-tokens-from-ethereum-to-polygon-blockchain\/"},"modified":"2021-11-06T00:25:00","modified_gmt":"2021-11-05T21:25:00","slug":"enegra-migrates-digitized-equity-tokens-from-ethereum-to-polygon-blockchain","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/enegra-migrates-digitized-equity-tokens-from-ethereum-to-polygon-blockchain\/","title":{"rendered":"# Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain"},"content":{"rendered":"

“# Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain <\/strong>”
\n<\/p>\n

Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated\u00a0its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally exercise their dividend, voting and governance rights. Both the initial tokenization and token migration were facilitated<\/a> by Tokeny, an asset tokenization and compliance infrastructure provider.<\/p>\n

Matthew Averay, managing director and CEO at Enegra, said:<\/p>\n

We tokenized our equity to improve liquidity. And, now that the technology<\/a> is available for faster, cheaper and compliant transactions on the blockchain, we wanted our investors to take advantage of it. Polygon and Tokeny provided the complete infrastructure we needed to do so, and we are extremely pleased with the results.<\/p><\/blockquote>\n

Meanwhile, Sandeep Nailwal, co-founder at Polygon, commented:<\/p>\n

The tokenization of real-world assets and financial securities is probably the next big wave in DeFi, and we are excited to see our partner, Tokeny, bring qualitative and compliant assets to the Polygon network. By leveraging our infrastructure with the right software provider, such as Tokeny, businesses can quickly deploy or convert their assets to Polygon.<\/p><\/blockquote>\n

\n

1\/2 @enegragroup<\/a> is coming to #Polygon<\/a>, all thanks to @TokenySolutions<\/a><\/p>\n

Enegra is one of the world\u2019s first regulated companies to issue equity-backed digital security tokens, under security token code EGX on the Polygon network. <\/p>\n

Learn More: https:\/\/t.co\/gVegl4QDsH<\/a> pic.twitter.com\/jUN5g7IgSp<\/a><\/p>\n

\u2014 Polygon | $MATIC (@0xPolygon) November 5, 2021<\/a><\/p><\/blockquote>\n